The existing model of Audi A4, which is priced at Rs 30.89 lakh would continue in the market, it said.

"The powerful new 177 hp Audi A4 with the Audi drive select offers 27 percent more power and offers 3 percent more fuel efficiency than its predecessor. The added features will appeal to both our discerning customers as well as the enthusiast," Audi India head Joe King said.

The drive select feature allows the driver to influence engine, transmission and steering while enabling the characteristics of the Audi A4 to be adapted in line with the driver's personal preferences and current route, the company said.

The company has also offered a step up scheme where a customer can pay an EMI at Rs 29,000 per month pm for the first two years.

The next two years the EMI increases to Rs 49,000 per month and so on, the release said.

Audi, which reported 20.52 percent rise in sales in August at 875 units in the domestic market, plans to expand its network to 35 dealerships by the end of 2013 from 27 centres at present.

Earlier this year, it set up dealerships in Mumbai South, Lucknow, Bhubaneswar and Delhi Central.